Property for Sale: 870 Sheridan, Highwood, IL 60040 SOLD

$925,000
$925,000
870 Sheridan, Highwood, IL 60040 SOLD
$925,000
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Selling Price: $925,000
Original List Price: $1,500,000
Sold at 61.7% of list price
Sold Date: 02/26/2021

Type Commercial
Year Built 1995

City Highwood
County Lake

MLS 10265173
Status Closed
GREAT FREESTANDING MASONRY COMMERCIAL RETAIL BUILDING, B-1 ZONING, 4 BRIGHT RETAIL SPACES, 3 TENANTS, BUILDING IS 7440 SQ FEET, LOT IS 28,779 SQ FT, OUTSTANDING FRONTAGE AND VISIBILITY ON SHERIDAN ROAD, 150 SQ FT OF FRONTAGE ALONG SHERIDAN, 11,100 CARS PASS THIS LOCATION A DAY, GREAT SIGNAGE, LARGE VERY BRIGHT WINDOW LINE, LARGE REAR DRIVE IN DOOR (DID) ON THE DOUBLE UNIT JUST SOUTH OF THE BUSY INTERSECTION OF OLD ELM AND SHERIDAN, 200 AMP ELECTRIC SYSTEM, LARGE PAVED PARKING LOT IN FRONT FOR 25 CARS, PAVED SIDE & REAR DRIVE, RIGHT NEXT TO AND JUST TO THE SOUTH OF A MCDONALDS AND STARBUCKS AND THE FT SHERIDAN TRAIN STATION, RIGHT ACROSS THE STREET FROM FT SHERIDAN, COMES WITH AN ADDITIONAL L SHAPED 20 X 200 PIECE OF LAND TO USE AS STORAGE, CAN BE USED FOR A RESTAURANT, FAST FOOD, COFFEE, RETAIL, OFFICE, LAUNDRY, GYM, PHYSICAL FITNESS/REHAB, MEDICAL, DENTAL, INSURANCE, REAL ESTATE, LAWYER, DAY CARE, OR SOME OTHER PROFESSIONAL USE OR YOU CAN REDEVELOP, OWNERSHIP IS WILLING TO DISCUSS A MASTER LEASE FOR THE VACANCIES, PINS 16103050120000 - 1610305019000

Lot & Building Features

Construction Brick, Concrete
Cooling Central Air
Tax Year 2019
Lot Dimensions 150 X 146 ft

Price History of 870 Sheridan, Highwood, IL

Date Name Price Difference
02/04/2020 Price Adjustment $925,000 33.88%
10/01/2019 Price Adjustment $1,399,000 3.45%
09/24/2019 Price Adjustment $1,449,000 2.88%
09/03/2019 Price Adjustment $1,492,000 0.33%
08/01/2019 Price Adjustment $1,497,000 0.20%
12/31/1969 Listing Price $1,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 870 Sheridan, Highwood, IL

Location Map Street View
Photo of Richard Schultz
Direct: 708-237-7779
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by @properties Commercial, Michael Levin
Sold by @properties Christie's International Real Estate, Sharon Friedman
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6.75%
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: @properties Commercial